When criminals profit from unlawful activities, they usually need to conceal or “clean” their proceeds. The purpose of money laundering is to disconnect the illegally acquired funds from illicit sources
Fraudsters constantly find new and novel ways to swindle businesses. Here are some recent scams — and how your business can protect against them. Three Recent Fraud Scams Influencer Shakedowns
Have you ever found yourself questioning the authenticity of the images, videos, or content you encounter? The rise of AI has blurred the boundary between what is real and what
According to the Association of Certified Fraud Examiners, asset misappropriation schemes account for over 50% of all occupational fraud schemes. This category encompasses various activities, ranging from cash skimming to
Through early June, S&P Global reports there have been nearly 230 corporate bankruptcy filings thus far in 2023, which is more than double the number of filings for the same
When U.S. businesses expand their operations to foreign countries, there are possible advantages such as reduced labor and operating costs, as well as gaining access to new markets and potential
If you’re considering buying a company, fraud may be the last thing on your mind. Unfortunately, you can’t afford to ignore the possibility that your acquisition target is hiding something
A reliable financial statement is key to understanding any organization. An organization’s balance sheet, income statement, and cash flow statement enables lenders and other stakeholders to value the organization, forecast
It’s seemingly engrained in every aspect of our lives these days – technology. Technology continues to make everything faster, more convenient, and easily accessible. This is certainly true of quick
Fraud perpetrated by employees, management, vendors, or customers can happen to any organization. In certain instances, it can take years to recover from the financial losses and even reputational damage.
